Archive for the 'Analyst Research' Category

New Webinar: Spreadsheets & Enterprise Risk, What Every CXO Needs to Know

 Webinar: Spreadsheets & Enterprise Risk

This new webinar features GRC expert Michael Rasmussen, president and Corporate Integrity LLC and Eric Perry, vice president of marketing at Prodiance.

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Session Overview
A significant amount of today’s corporate data is stored in end-user computing (EUC) applications including spreadsheets and pc databases. These applications are used in many mission critical business processes – financial reporting, closing the books, revenue recognition, journal entries, equity and commodity trading, insurance and actuarial processes, scientific analysis, and more. Despite their power, speed and flexibility, EUCs often lack the proper safeguards and controls needed to prevent gross accounting errors, avoid poor decisions, prevent fraud, and protect against non-compliance with corporate and regulatory mandates.

Join Prodiance and GRC expert Michael Rasmussen for this online event to learn about what every CXO should know about spreadsheet and EUC risk, and how the latest technology and best practices can help organizations effectively mitigate risk, while improving productivity.

The agenda includes:

  • The latest industry trends, business drivers and regulatory mandates affecting spreadsheet and EUC risk
  • Best practices and auditor guidance for automating internal controls over mission critical EUCs
  • A demonstration of the Prodiance Enterprise Spreadsheet Manager system
  • A review of the business case and benefits

Who should attend: CFOs, controllers, CIOs, COOs, CEOs, VP IT Security & Risk, auditors, risk and compliance executives.

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Deutsche Bank 2009 Hedge Fund Survey Claims Risk Management & Transparency are Keys to Success

Last week Deutsche Bank published its annual Hedge Fund Survey for 2009. Although the report provides an in-depth summary of current market dynamics and benefits of alternative investing, I thought it was worth noting that risk management and transparency were among the top selection criteria for investors in hedge funds. The report also mentions building regulatory pressures, which is in line with what we have heard lately from the Fed and the SEC.

By now, its safe to say that spreadsheets are the leading tool for managing hedge fund investment strategies. With hedge funds predicted at $200 Billion for 2009, a strategy for monitoring and controlling these critical spreadsheets would be prudent for increasing transparency.

You can read the press release and download the full report here.

Gartner MarketScope for Spreadsheet Control Products, 2008

Gartner is perhaps the foremost expert in IT research. In 2008, analysts Jay Heiser and David Furlonger performed in depth research on technology solutions available on the market, and published the first MarketScope for Spreadsheet Control Products. You can purchase the full report here for $1,995.00 USD.

The Enterprise Spreadsheet: Pushing Toward Transparency (TABB Group)

The TAB Group recently published a new research report entitled The Enterprise Spreadsheet: Pushing Toward Transparency. The report is available for purchase on their web site and promotes the need for greater transparency and control for complex spreadsheets used in derivatives trading within capital markets. In the report, analyst Adam Sussman points out that the spreadsheet ”has and will always be the workhorse of the desktop” but is quick to retort that with this power and flexibility comes complexity and inherent challenges in establishing control. History has proven that increased complexity also leads to increased risk.

You can view the full executive summary or purchase the report here.


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